According to a new market report published by Lucintel, the future of the
global water and wastewater pipe market looks good with opportunities in potable water, wastewater, and irrigation sectors. The
global water and wastewater pipe market is expected to reach an estimated $144.4 billion by 2027, and it is forecast to grow at a CAGR of 6.1% from 2022 to 2027. The major drivers for market growth are increasing investment in water and wastewater management due to scarcity of water and requirement of proper sanitization in a territory and rise in infrastructure spending.
In this market, metal pipes, plastic pipes, and concrete pipes are the major material segments. On the basis of comprehensive research, Lucintel forecasts that plastic pipe will be the largest material segment over the forecast period as it has a long life span and excellent resistance to corrosion, durability, and low maintenance.
Within the global water and wastewater pipe market, large diameter and small diameter are the major diameter type segments. With an above average growth rate, small diameter pipes will remain the largest diameter type segment over the forecast period due to rapidly growing construction industry and infrastructure development.
Asia Pacific will remain the largest and fastest growing region during the forecast period due to infrastructural development, urbanization, and the subsequent development of residential and industrial construction in the region.
Emerging trends, which have a direct impact on the dynamics of the industry, include usage of anti-microbial plastic pipes to improve hygiene, development of multilayer material in water and wastewater pipes, replacement of traditional material pipes with eco-friendly ABS and PE plastic pipes and FRP pipes, and increasing use of FRP pipes with increasing trenchless technology in the construction industry. Orbia, Sekisui Chemical, China Lesso Group Holdings Limited, Compagnie de Saint-Gobain SA, and Tenaris SA are among the major suppliers of water and wastewater pipes.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global water and wastewater pipe market by material, application, diameter type, and region, and has compiled a comprehensive research report entitled “
Growth Opportunities in the Global Water and Wastewater Pipe Market 2022-2027: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy by providing comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global water and wastewater pipe market by material, application, diameter type, and region, as follows:
By Application (Volume (Million Tons) and Value ($ Billion) from 2016 to 2027):
· Potable Water Pipes
· Wastewater Pipes
· Irrigation Pipes
By Material (Volume (Million Tons) and Value ($ Billion) from 2016 to 2027):
· Metal Pipes
· Plastic Pipes
· Concrete Pipes
· Others
By Diameter Type (Value ($ Billion) from 2016 to 2027):
· Large Diameter Pipes
· Small Diameter Pipes
By Region (Volume (Million Tons) and Value ($ Billion) from 2016 to 2027):
· North America
· Europe
· Asia Pacific
· Rest of the World
Browse 71 market data tables and 98 figures spread through 193 pages and in-depth TOC on “Global Water and Wastewater Pipe Market". To download report brochure, please go to
https://www.lucintel.com and click "report brochure" tab from the menu.
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.
This report addresses the following key questions:
Q.1. What are some of the most promising, high growth opportunities for the global water and wastewater pipe market by material (metal pipes, plastic pipes, concrete pipes, and others), application (potable water pipes, wastewater pipes, and irrigation pipes), diameter type (large diameter pipes and small diameter pipes), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which products segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market and which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are being taken by key companies for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by product substitution?
Q.11. What M&A activity did occur in the last five years?
